Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- PRESENTATION OF INTERIM INFORMATION (Policies)
Notes Tables
Notes Details

RESTRICTED CASH

RESTRICTED CASH	9 Months Ended
May 31, 2021
RESTRICTED CASH [Abstract]
RESTRICTED CASH	NOTE 3 – RESTRICTED CASH The Company has entered into a cash-secured performance standby letter of credit agreement with its primary bank to maintain a letter of credit related to the Company’s performance obligations in the ordinary course of business. As of May 31, 2021, the Company had a letter of credit outstanding of $0.3 million and has restricted cash in the same amount.

RESTRICTED CASH

9 Months Ended

May 31, 2021

RESTRICTED CASH [Abstract]

RESTRICTED CASH

NOTE 3 – RESTRICTED CASH

The Company has entered into a cash-secured performance standby letter of credit agreement with its primary bank to maintain a letter of credit related to the Company’s performance obligations in the ordinary course of business. As of May 31, 2021, the Company had a letter of credit outstanding of $0.3 million and has restricted cash in the same amount.